Question: Total cookie costs: $ 1 1 , 4 5 5 ( manufacturing ) + $ 2 , 5 0 0 ( ingredients

Total cookie costs: $

11, 455 (

manufacturing

) +

$ $2, 500 ($ ingredients $) +$

$ $180 ($ legal and regulatory $) +$

$ $2, 250 ($ payroll $) =$

$ $14, 135 .$

What is the profit margin per cookie if i cost $ $6$ per cookie? Whether in a batch of $160$ or if i sell a single cookie? What price should I charge to make a profit?

Step by Step Solution

★★★★★

3.45 Rating (161 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

To calculate the profit margin per cookie we need to subtract the total cost per cookie from the sel... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

how can the following be done using various different costing methods? Compare and contrast: To calculate the cost of making one oatmeal cookie, we need to consider all the costs involved in the...

DON'T SUMMARIZE JUST PARAGRAPH OF WHAT YOU THOUGHT/LEARNED CHAPTER 13 - The phrase "garbage in, garbage out" highlights the importance of input controls. If the data entered into a system are...

Geoff and Gail wish to borrow $75,000 to be repaid by equal monthly instalments over 25 years. The nominal interest rate is 9.9% per annum and the repayments will be made at the end of each month....

I need 7.01-11.14 Form Font Alignment 15 Number B D 1 J K E F G H I See The Light Projected Income Statement For the Period Ending December 31, 20x1 $ 1.125,000.00 723,250.00 $ 401,750.00 Sales...

Problem: Cactus Cookies incurred the following costs this month to manufacture 1.000 jumbo chocolate chip cookies. Chocolate chips $750 Flour $2,200 Butter $48 Sugar $300 Other ingredients $27 Labor...

Step by step solution, attend to all questions... CRX Industries Inc. manufactures a lid for a hydroponic garden planter. The standard cost for one planter is as follows: Std. Quality of Hours...

22-4.a Comprehensive Assignment eBook Calculator Comprehensive Problem 5 Instructions Amount Descriptions Questions (Part A) Production Budget Direct Materials Purchases Budget Direct Labor Cost...

C35 fx A B B Duagetea Dala For the Fiscal Year Ending December 31, 2021 5 5 Expected Sales in Units 230,500 C D E F 3 Revenue and Costs: Per Unit Per Year 0 Selling Price $ 48.20 1 2 Variable Fixed 3...

Instructions: Genuine Spice Inc. began operations on January 1 of the current year. The company produces 8-ounce bottles of hand and body lotion called Eternal Beauty. The lotion is sold wholesale in...

Genuine Spice Inc. began operations on January 1 of the current year. The company produces eight- ounce bottles of hand and body lotion called Eternal Beauty. The lotion is sold wholesale in...

E = t s / n: E = 2.94, s = 4.83, n = 9 (margin of error)

A mixture that is 15 percent carbon dioxide, 5 percent carbon monoxide, 10 percent oxygen, and 70 percent nitrogen by volume undergoes an adiabatic compression process having a compression ratio of...

Which of the following statements is true when comparing double declining balance depreciation to straight-line depreciation? a. Double declining balance deductions will be greater than straight-line...

39. The critical angle of glass is 41. Which of the following will result in total internal reflection? a) 44 b) 40 c) 38 d) 20.5 40. Myopia is: a) A clouding of the lens b) Farsightedness c)...

The midpoint of a line segment is (-1,6). One endpoint of the line segment is (4, 7). What are the coordinates of the other endpoint of the line segment? Enter your answer by filling in the boxes.

help with this asap 11. The nucleus of an atom contains a) positive electrons and neutral neutrons. b) positive protons and neutral neutrons. c) negative electrons and neutral neutrons. d) negative...

Consider the set of real numbers R. Then the set G= {f s.t f: R R } of all real valued functions of real variables is a group with respect to pointwise addition of functions(that is, if f, g G,...

Consider a perfectly insulated thin wire of arbitrary finite length, wire is bent into the shape of ring of radius b, assuming that temperature in the wire is uniformly distributed and initially the...

The return of goods to the supplier will affect the purchase account. Question 27Answer True False

Yolanda earns $112,000 in 2012. Calculate the FICA tax that must be paid by: Yolanda:.....................Soc.Sec..................$__________...

Jason and Mary Wells, friends of yours, were married on December 30, 2012. They know you are studying taxes and have come to you with a question concerning their filing status. Jason and Mary would...

Sophie is a single taxpayer. For the first payroll period in October 2012, she is paid wages of $3,250 monthly. Sophie claims three allowances on her Form W-4. a. Use the percentage method to...

7.25. For the 2004 GSS, Table 7.15 shows software output for evaluating the number of hours of TV watching per day by race. TABLE 7.15 Race N Mean StDev SE Mean Black 101 4.09 3.63 0.3616 White 724...

7.24. For the 2006 GSS, a comparison of females and males on the number of hours a day that the subject watched TV gave: Group N Mean StDev SE Mean Females 1117 2.99 2.34 0.070 Males 870 2.86 2.22...

7.29. Refer to the previous exercise. For comparing partics and sports, software reports a 95% confidence interval of (-3.33,28.93) and a P-value of 0.106. (a) Interpret the P-value. (b) Explain the...